Tuesday, 7 June 2016

Now EVC can be generated from ATMs

Now Electronic Verification Code (EVC) can be generated through ATM. 

State Bank of India is the first bank to launch this facility which will facilitate its customers, who may not have a net-banking account, to e-verify their return. Other banks are expected to launch this facility. 

EVC is an OTP (One Time Password) required to E-verify the E-filed Income Tax Returns. The e-verification was introduced to substitute the process of sending signed Acknowledgments (ITRV ) to CPC Bengaluru.

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